Gulabchand Hirachand

Gulabchand Hirachand

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Category: Business

Gulabchand Hirachand Profile

  • Name:
  • Gulabchand Hirachand
  • Father:
  • Hirachand Doshi

Gulabchand Hirachand Biography

Gulabchand Hirachand was one of the founder members of Walchand group, one among the 10 best business organizations during the time of Indian independence. He was also known as a noted industrialist, philanthropist and Hindu activist. India’s first modern shipyard, first aircraft factory and first car factory were established by Walchand group, though the group disintegrated after the death of Walchand Hirachand. He died without any male heirs and now the group is run by sons of his brother, Lalchand Hirachand. Gulabchand has authored many books on Jainism.

 

Gulabchand was born in 1898 to Hirachand Doshi from his second marriage. Lalchand Hirachand and Ratanchand Hirachand were his brothers. Walchand Hirachand, the son of Hirachand Doshi from first marriage, was his step-brother. All the brothers were involved in the family business of banking and cotton trades. During 1930’s, he got involved with nationalist activities and got arrested once. During early 1940’s, he was a close associative of Veer Savarkar. He served as the President of the Maharashtra Hindu Sabha for a couple of years – 1944 and 1945.

 

Gulabchand was responsible for the modernization and transformation of the flagship group company, Walchandnagar Industries. From sugarcane industry, the company diversified to other core manufacturing businesses, the task headed by himself. This additional charge was given by Walchand Hirachand. He married twice and among his sons, Bahubali Gulabchand and Ajit Gulabchand carried forward the business. Ajit Gulabchand is now a leading businessman and industrialist who is the chairman and Managing Director of Hindustan Construction Company and Walchand College of Engineering, Sangli. Walchandnagar Industries is now run by sons of his brother, Lalchand Hirachand. Gulabchand has served as the trustee of various schools, colleges and hospitals run by Walchand group.

Published: N/A

Updated: March 06, 2014

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